I know it may sound as a BIAS from my side but I think this should NOT be legal to put covenant, see my logic here a builder build a whole community and one part of it is rentals the rest is single family, they put covenants and restrict the market to rent by room just to ensure they can rent their rentals that is a sort of monopolistic behavior and should not be legal.

I have only done single family so far and this will be the beginning of residential multi family.

Something to watch if you are mindful of the government being over-involved in nearly every single LLC registration.

Why do you think you can just split a single-family into two units? 

Right now I want to invest in a multifamily or single home family and buy and hold it.

Investment Info:

Single-family residence other investment.

Purchase price: $92,000

Cash invested: $24,500

What made you interested in investing in this type of deal?
Good price

How di...

If you buy multiple properties, you can spread out your risk and avoid putting too much pressure on a single investment.

Purchase price: $62,000 Single family BRRRR.

However, I'm a single guy and that may not appeal to everyone.

We get free leads every single day on auto-pilot.Also, you are not looking for distressed properties.You are looking for motivated sellers.